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Legal benefits to relocate in Monaco



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The Principality of Monaco has always maintained a strong legal system to protect its Monégasque people as well as its residents.

The Principality of Monaco has always maintained a strong legal system to protect its Monégasque people as well as its residents.

The accession of the Principality of Monaco as a member of the Council of Europe happened in 2004. It marked Monaco’s wish to ensure that the Monégasque law is compliant with the international standards of human rights and individual freedom. However at the same time Monaco successfully maintained the special characteristics of its own community.

When you relocate in the Principality it can be a very positive advantage for you that Monaco enjoys an extraordinary security. With its over five-hundred police officers in 2.02 km², Monaco has the largest police presence in the world on both a per-capita and per-area basis. First it might seem weird to see a police officer in almost every direction wherever your eyes look at, but it provides the great feeling of safety. In Germany when you need a police officer you call the central phone line and you have to wait until they send someone, while in Monaco they are there without hesitation if the situation requests it.

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You can also notice the police presence as well as the surveillance cameras in every corner of the streets. They all send a message that the security is under control, protecting you and your loved ones.

Obviously this protection is not limited to the criminal activities. The Principality offers all the human and technological resources for general surveillance of its territory to protect both objects and people at the same time.

The Principality of Monaco is very protective about its residents. For example without a police interview you can not even apply for a residence permit. This 365 days of protection in a year has developed a way of thinking as well, which is shared by many people from the past. This is the care and respect for others and other’s properties.

It is the same with the commercial ventures and business entities. Monaco carefully protects its circles and there are segments where money and wealth becomes secondary.

Even if you believe you can buy the rules by your incredibly wealth, you will face the cruel obstacle that you have to adopt and respect the rules of the Principality because it is a very protective environment.

Do you have a question?

Please feel free to contact us or our trusted Monaco Relocation advisor Rosemont Consulting.

Why Rosemont Consulting for relocation?

A unique combination of tax advisors, lawyers and business advisors with years of experience to help you with all the practical aspects of taking up Monaco residence.

CLICK HERE for contact information.

You might like this as well

Living in Monaco

Comprehensive, objective and honest book about the Principality of Monaco and its living environment. The book Living in Monaco is also a professional relocation itinerary.

It is available for purchase in English at:

Living in Monaco

Living in Monaco book by Zsolt Szemerszky

The author Zsolt Szemerszky intended to hunt down the myth around Monaco and to go beyond gossips. Zsolt is also know by releasing Monaco’s first gourmand book. The Signature Dishes of the Principality of Monaco was launch last December 2016 as the number one release in wine pairing at allows gastronomy lovers to discover the excellence of the Principality of Monaco thanks to recipes and interviews with Executive Chefs who hold together over 50 Michelin stars.

However Living in Monaco is significantly different from his other books. It is not a travel book, it is an ultimate guideline to those who are aiming to get a glimpse about the real Monaco and who have the desire to relocate their personal or business life to the Principality.

The book explains the benefits of the relocation (both for private and business reasons), the life quality in the Principality, and reveals how can one capitalise the unseen treasures and business potentials of Monaco. The “Relocation and what it takes” chapter also explains all the tiny details, traps, tips and best practices while it offers a detailed overview of the administrative mechanism of the Principality.

One of the interesting part of the book is the second part which focuses on the people, the opportunities, and the traps in Monaco. It offers a first hand guidance to avoid to fell for the catchy workings and the illusions of luxury. Understanding the real-life examples one can truly enjoy the Principality with all its safety and protective legal systems for families and businesses.

The book is available for purchase in English at:

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Suggested Government sources

Gouvernement Princier

23, avenue Albert II , Monte-Carlo, 98000 Monaco

Institut Monégasque de la Statistique et des Études Économiques

9 rue du Gabian , Monte-Carlo, 98000 Monaco

Monaco Brands

31 avenue Princesse Grace L'Estoril, Monte-Carlo, 98000 Monaco

Service Public for Businesses

23, avenue Albert II , Monte-Carlo, 98000 Monaco

Service Public for Individuals

23, avenue Albert II , Monte-Carlo, 98000 Monaco

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